I've read the argument that a PC of equv spec would cost more, that is the "value", good value tech in a box when compared to a PC. And of course the argument for PC is that a PC can do a lot more, and also you will also need Keyboard and mouse and a monitor.
The biggest issue here is the games, if people are going to compare this is a better value to a PC for the same money spec for spec, then game for game. The catalogue of games available to play on a PC is so much larger. So this digital only, Sony online shop only, console has a rather limited selection of games.
That is the big issue for me. More money, fewer games you can play on it. A good value box of silicon is not good value when there are less things to play on it.